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Is dogecoin so hard to pump?

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I was wondering? Doges are low priced coins 🐕 woo! Woo! (I was just feeling myself)

Since it is so low i. Price it means it is easier to pump than bitcoin, but why are whales not interested in pumping doge?

Or is doge network different than that of other coins and that it is hard to pump??

 

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4 minutes ago, wilbertson said:

I was wondering? Doges are low priced coins 🐕 woo! Woo! (I was just feeling myself)

Since it is so low i. Price it means it is easier to pump than bitcoin, but why are whales not interested in pumping doge?

Or is doge network different than that of other coins and that it is hard to pump??

 

Honestly I also wonder why doge is not being pumped by whales, I don't know if the founding developer is still interested in the project, or still alive. doge has been among the top 30 coins on CMC for over five years now and the prices has remain with this the same range.

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Doge became the last option after eth, ltc and eos fail. Last year doge so strong the coin become the highest people choice for withdraw action because has low fees. Doge has good price movement and I think the coin built just like right now, if pump so high will destroy his performance.

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Because doge have unlimited supply and also spreading on almost all exchange so it's little bit hard for whale to pump it even the price was low (only 30 Satoshi for now) There are so many factor that make it hard to manipulate it.

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usually doge will hard-pump once a year, just look at the chart, are this year has a hard-pump or not, if not, then prepare a lot of doge before the pump.

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On 07.12.2019 at 09:32, wilbertson said:

I was wondering? Doges are low priced coins 🐕 woo! Woo! (I was just feeling myself)

Since it is so low i. Price it means it is easier to pump than bitcoin, but why are whales not interested in pumping doge?

Or is doge network different than that of other coins and that it is hard to pump??

 

Maybe it's not time to doge yet. And whales may be happy and pump bitcoin. And it is impossible to say with certainty that this is not being done now. Everything can change in one day, it's a cryptocurrency.

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On 12/7/2019 at 12:32 PM, wilbertson said:

I was wondering? Doges are low priced coins 🐕 woo! Woo! (I was just feeling myself)

Since it is so low i. Price it means it is easier to pump than bitcoin, but why are whales not interested in pumping doge?

Or is doge network different than that of other coins and that it is hard to pump??

 

I don't think so. The whales like this coin, and if you can check on the big exchanges, you will find that in the order buy and sell, many bitcoin amounts want to buy this coin. It's only a matter of time before the dogecoin price can increase, and once the price increase, it will jump to the highest price. If you can check the dogecoin history, this coin is at a low price, and there is no exact time for this coin to increase. The pump will come to this coin, and you should be ready, so you don't miss the coming.

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Dogecoin is a very easy crypto currency to pump, because the transaction volume is much less than other large and old crypto coins. On the Dogecoin side, there is only one problem that this crypto currency has a serious investor mass, which raises the price at least three times a year and brings it back to the bottom. So, it's only a dream to expect pump-like events to happen unless this investor mass launches a new wave of upswing.

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there is many reasons why dogecoin is not pumping :

 

  • maybe its a shitcoincoin and she is dead 
  •  
  • maybe the dogecoin whales do not want it to pump yet and they want to buy as much they can from the dip 
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I see Dogecoin price will stable around 3 month, but after that some people will trying pump it.

There is some reason whales don't like pump Dogecoin.

First, i think they love to pump only coin have limited supply, for dogecoin that is different, because the supply is unknown.

Second, maybe they only pump what coin have real value, like Bitcoin is pioneer coin, but Dogecoin is only created by someone just for joke! But really impressed that coin is popular now.

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Indeed Dogecoin was originally intended as a gift or tip with cheap and fast costs, so because of that the price is cheap, although many people hold dogecoin but not to invest or trade but just to complete the crypto collection and give gifts to others.

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Isn't it a good thing that the price of Dogecoin remains more or less stable? Because if its price were to rise up too dramatically, the cryptocurrency exchanges will surely take notice and might consider raising its transaction fees to gain more profit from it. Its primary advantage, the cheap and low transaction fees, will be lost as a result.

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16 minutes ago, febriyana said:

maybe they only pump what coin have real value

I doubt that, because I've seen really lousy coins with values approaching 1 sat being pumped, and those are the easiest ones to pull off a p&d with. 

 

Doge has a market cap of over $267 million, so you would need a hell of a lot of money in order to move the market.  The higher a coin's market cap is, the harder it is for any one person or group to manipulate it.

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its because it has lots of volumes stuck in each satoshis of the orderbook making it very hard to easily increase the price like other altcoins. i think doge also decreased in usage thats why its not rising.

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I don`t know, why whales don`t do pump with such coins. Maybe there some obstacles for it which we can`t understand. Also Doge is highly volume coins, so it`s necessary a lot of money to pump it 

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With a large enough supply this is very difficult if you want to pump, after all, this doge is preferred to be stable because many people use it for games and gambling. Only altseason can pump a doge high enough

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Unless there are many big investors who like this project like the CEO of Tesla, then they can invest and put money at this Doge blockchain so far this coin is cheap now! and popular!

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On 12/7/2019 at 7:32 AM, wilbertson said:

I was wondering? Doges are low priced coins 🐕 woo! Woo! (I was just feeling myself)

Since it is so low i. Price it means it is easier to pump than bitcoin, but why are whales not interested in pumping doge?

Or is doge network different than that of other coins and that it is hard to pump??

 

Well if you look at the doge chart you would notice that whales have been pumping doge a few times a year and we already saw doge pumping from 30 sat to over 100 sat last year and we made good money of it.

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In my opinion, whales are looking for dead currencies in certain exchanges to pump them, and it seems that the dog does not interest those who pump because it is a currency linked to bitcoin to some extent as it is available on many exchanges and also it is considered one of the very good currencies to carry out transfers because its fees are very low.

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There needs to be more good will incentives and promotions for doge. Do you remember that there was a nascar driver sponsored by doge? There should be more sponsorships or initiatives to get people interested. Maybe someone here who is into gaming can create a game involving doge that would drive interest. It seems most people use it like a side chain for sending bitcoin without as much fees faster, or as a way to mix currency.

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On 12/7/2019 at 10:32 AM, wilbertson said:

I was wondering? Doges are low priced coins 🐕 woo! Woo! (I was just feeling myself)

Since it is so low i. Price it means it is easier to pump than bitcoin, but why are whales not interested in pumping doge?

Or is doge network different than that of other coins and that it is hard to pump??

 

The volume of dogecoin is so much high thats why its going to high its difficult dogecoin will just go up a small level like its price is just touch the almost 0.05$ just because of its volume but the other coins will make a great move soon and it will happened when the all market will green.

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On 12/7/2019 at 6:32 AM, wilbertson said:

I was wondering? Doges are low priced coins 🐕 woo! Woo! (I was just feeling myself)

Since it is so low i. Price it means it is easier to pump than bitcoin, but why are whales not interested in pumping doge?

Or is doge network different than that of other coins and that it is hard to pump??

 

I don't think it is right to say that whales are not interested in pumping Doge, because we have had instances in the past when the price of Doge was hitting the roof. However the fact that Doge is inflationary and already over 122 billion in circulation, makes pumping it not all said and done.

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On 12/10/2019 at 3:55 PM, khan22 said:

The volume of dogecoin is so much high thats why its going to high its difficult dogecoin will just go up a small level like its price is just touch the almost 0.05$ just because of its volume but the other coins will make a great move soon and it will happened when the all market will green.

Yes and still i am holding my dogecoin and i hope one day i will gain good profit from my this investment and dogecoin is very good coin.

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expects Dogecoin to reach $0.00263 by the end of 2019. It forecasts that the coin will jump to 0.005 in the beginning of 2020 and then fall back to previously held positions. 

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Moreover, the decrease in GDP in Q1 should not overly alarm the regulator, as the US economy had been expanding at 2% and more for seven consecutive quarters, despite the aggressively tight monetary policy of the Fed. Moreover, recent labor market data looks very positive. The number of initial unemployment claims decreased from 212K to 207K (forecast 214K) – a minimum since February.   On Tuesday, April 23, the same day as in the US, preliminary data on business activity came out from the other side of the Atlantic. In Germany, the Manufacturing PMI rose from 41.9 to 42.2, and in the services sector – from 50.1 to 53.3, the Composite Index – from 47.7 to 50.5. Regarding the Eurozone as a whole, a positive dynamic was also noted. Thus, the Business Activity Index in the services sector rose from 51.5 to 52.9 points, the Composite Index from 50.3 to 51.4. The exception was the Manufacturing PMI (a decrease from 46.1 to 45.6). As for forecasts about the start of easing monetary policy by the European Central Bank, the emphasis is still on June. This was once again confirmed by the president of the German Bundesbank and a member of the ECB's Governing Council, Joachim Nagel, who stated on April 24 that a rate cut in June does not necessarily imply a series of rate cuts. In other words, in June – yes, there will be a cut, what happens next – is still unknown.   All of the above indicates that the fundamental indicators are still on the side of the dollar. The EUR/USD correction is likely to be limited and will not be powerful or prolonged. Last week, the pair closed at 1.0692. According to economists from the Singapore-based United Overseas Bank, it is unlikely to have the strength to break through the resistance at 1.0765. As for the forecast for the near future, as of the evening of April 26, 50% of experts expect the dollar to strengthen, 35% – its weakening, the remaining 15% maintained neutrality. Among the trend indicators on D1, 65% are on the side of the bears, 35% – are coloured green. Among the oscillators, a third are on the side of the bears, a third – on the side of the greens, and a third – are painted in neutral gray. The nearest support for the pair is located in the zone of 1.0680, then 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, 1.0000. Resistance zones are located in the areas of 1.0710-1.0725, 1.0740-1.0750, 1.0795-1.0805, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, 1.1100-1.1140.    The coming week promises to be quite turbulent and volatile as it is filled with various important events. On Monday, April 29, preliminary data on consumer inflation (CPI) in Germany will be released. The next day, another batch of German statistics will be released, including GDP and retail sales figures. On the same day, we will learn the preliminary volume of GDP and the level of inflation in the Eurozone as a whole. On Wednesday, May 1, Germany and many other EU countries will have a holiday – Labor Day. However, the United States will continue to work on this day. First, the ADP report on employment levels in the private sector of the country and indicators of business activity in the manufacturing sector will be published. The most important event will undoubtedly be the meeting of the FOMC (Federal Open Market Committee) of the US Federal Reserve on Wednesday, May 1, and the subsequent press conference of the management of this regulator. In addition, on Friday, May 3, we traditionally await another batch of very important statistics from the American labor market, including the unemployment rate and the number of new jobs created outside the agricultural sector (NFP), as well as revised data on business activity (PMI) in the US services sector.   GBP/USD: US PCE Hindered the Strengthening of the Pound   The preliminary statistics on business activity in the United Kingdom released on Tuesday, April 23, were mixed. The PMI in the manufacturing sector of the country crossed from above to below the growth/fall boundary, and with a forecast and previous value of 50.3 points, it actually fell to 48.7. In the UK services sector, on the other hand, there was growth in April – the indicator rose from 53.1 to 54.9 (market expectations 53.0). As a result, the Composite PMI reached 54.0 (52.8 a month earlier). However, all these figures did not attract much attention from investors.   On April 22, GBP/USD fell to 1.2300. The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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